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Las Vegas Arts District Retail Restaurant Bar 1409-1417 S Main St 10,000 SF 100% Leased Retail Building Las Vegas, NV 89104 $4,600,000 ($460/SF)
INVESTMENT HIGHLIGHTS
- Opportunity Zone
- Rapidly redeveloping with consistent influx of new restaurants, bars & retail
- Walkable Center of Arts District Neighborhood
- Vibrant, growth-focused, community-driven neighborhood
- Easy building to redevelop for multiple tenants & improved cash flow
- Minutes to Strip, and Conventions Center(s)
EXECUTIVE SUMMARY
The Arts District is Las Vegas's most welcoming and inclusive neighborhood and, for this reason, has risen to top-of-mind for every new chef and operator of thoughtfully-curated retail. As such, it remains THE bright spot in Las Vegas real estate with three mid-rise mixed residential projects and at least a dozen food & beverage, retail and art-oriented uses slated to deliver in 2026.
Here's your opportunity to join in this neighborhood redevelopment (still early in the game) by purchasing 100 feet of Main Street frontage in the Arts District with 10,000 SF under roof suitable for 1, 2, 3 or 4 tenants (including restaurant, bar, retail, gallery, etc.). Its ultra-wide sidewalk captures pedestrian traffic and allows for umbrellaed outdoor dining (with encroachment permit from City of Las Vegas).
PARKING: Rear employee parking is augmented by street parking directly in front of the property plus a 60-space surface lot 200 feet away and the 500-space new City parking structure just around the corner.
Join successful neighbors, Bar Boheme, Petite Boheme, Bad Beat Brewing, The Dustland Bar, Able Baker, Soul Belly, Horse Trailer Hideout and, coming soon, Meraki, Viking Mike's and Sublimotion.
Tenants with short(er) term leases.
Here's your opportunity to join in this neighborhood redevelopment (still early in the game) by purchasing 100 feet of Main Street frontage in the Arts District with 10,000 SF under roof suitable for 1, 2, 3 or 4 tenants (including restaurant, bar, retail, gallery, etc.). Its ultra-wide sidewalk captures pedestrian traffic and allows for umbrellaed outdoor dining (with encroachment permit from City of Las Vegas).
PARKING: Rear employee parking is augmented by street parking directly in front of the property plus a 60-space surface lot 200 feet away and the 500-space new City parking structure just around the corner.
Join successful neighbors, Bar Boheme, Petite Boheme, Bad Beat Brewing, The Dustland Bar, Able Baker, Soul Belly, Horse Trailer Hideout and, coming soon, Meraki, Viking Mike's and Sublimotion.
Tenants with short(er) term leases.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
C
Year Built
1956
Price
$4,600,000
Price Per SF
$460
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.72
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
C-M - C-M, aka commercial/manufacturing, allows for the most expansive list of permissible uses. City is open to nearly all uses that aren't "rated X".
Parking
4 Spaces (0.4 Spaces per 1,000 SF Leased)
Frontage
100’ on Main St
AMENITIES
- 24 Hour Access
- Bus Line
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 162-03-210-023 | Improvements Assessment | $93,339 |
| Land Assessment | $128,065 | Total Assessment | $221,404 |
PROPERTY TAXES
Parcel Number
162-03-210-023
Land Assessment
$128,065
Improvements Assessment
$93,339
Total Assessment
$221,404
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Las Vegas Arts District Retail Restaurant Bar | 1409-1417 S Main St
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